Gladstone Capital Announces Monthly Cash Distributions for January, February and March, 2017 and First Fiscal Quarter Earning...
January 10 2017 - 3:05PM
Gladstone Capital Corporation (NASDAQ:GLAD) (the “Company”)
announced today that its board of directors declared the following
monthly cash distributions for January, February and March, 2017
and also announced its plan to report earnings for the first fiscal
quarter ended December 31, 2016.
Cash Distributions:
Common Stock: $0.07 per share of common stock
for each of January, February and March, 2017, payable per the
table below. The Company has paid 159 consecutive monthly cash
distributions on its common stock. Prior to paying distributions on
a monthly basis, the Company paid eight consecutive quarterly
common stock cash distributions.
Ex-Dividend Date |
|
Record Date |
|
Payment Date |
|
Cash Distribution |
January 18 |
|
January 20 |
|
January 31 |
|
$ |
0.07 |
|
February 14 |
|
February 16 |
|
February 28 |
|
$ |
0.07 |
|
March
20 |
|
March
22 |
|
March
31 |
|
$ |
0.07 |
|
Total for the Quarter: |
|
$ |
0.21 |
|
Term Preferred Stock: $0.140625
per share of the Company’s 6.75% Series 2021 Term Preferred Stock
(“Term Preferred Stock”) for each of January, February and March,
2017, payable per the table below. The Term Preferred Stock trades
on the NASDAQ under the symbol “GLADO.”
Ex-Dividend Date |
|
Record Date |
|
Payment Date |
|
Cash Distribution |
January 18 |
|
January 20 |
|
January 31 |
|
$ |
0.140625 |
|
February 14 |
|
February 16 |
|
February 28 |
|
$ |
0.140625 |
|
March
20 |
|
March
22 |
|
March
31 |
|
$ |
0.140625 |
|
Total for the Quarter: |
|
$ |
0.421875 |
|
The Company offers a dividend reinvestment plan
(the “DRIP”) to its common stockholders. For more information
regarding the DRIP, please visit www.gladstonecapital.com.
Earnings Announcement:
The Company also announced today that it plans to report
earnings for the first fiscal quarter ended December 31, 2016,
after the stock market closes on Wednesday, February 8, 2017. The
Company will hold a conference call Thursday, February 9, 2017 at
8:30 a.m. EST to discuss its earnings results. Please call
(855) 465-0177 to enter the conference call. An operator will
monitor the call and set a queue for questions.
A conference call replay will be available after the call and
will be accessible through March 9, 2017. To hear the replay,
please dial (855) 859-2056 and use playback conference number
56270169.
The live audio broadcast of the Company’s conference call will
be available online at www.gladstonecapital.com. The event will be
archived and available for replay on the Company’s website through
April 9, 2017.
If you have questions prior to or following the earnings release
you may e-mail them to capital@gladstonecompanies.com.
Gladstone Capital Corporation is a publicly traded business
development company that invests in debt and equity securities
consisting primarily of secured first and second lien term loans to
lower middle market businesses in the United States. Information on
the business activities of all the Gladstone funds can be found at
www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly
dividend paying Gladstone funds, please visit
www.gladstone.com.
For further information: Gladstone Capital Corporation, 703-287-5893
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